About Astha Corporation Private Limited
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Astha Corporation Private Limited was a private limited company based in Hyderabad, Telangana, India, operated as a subsidiary of Sterling Crane (Singapore) Pte. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 14 October 2010.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U45209TG2010PTC070847. Its GSTIN is 36AAICA8779K8ZP (Telangana). The company held 6 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹12 Cr and a paid-up capital of ₹9.75 Cr. It was formerly known as Astha Crane Private Limited. It was led by directors Ashok Kundalia (Managing Director) and Sambhav Kundalia.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at B – 1 Industrial Estate Sanathnagar, Hyderabad, Telangana, India – 500018.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.55 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹82.55 Lakh (net margin 14.9%) and EBITDA of ₹1.1 Cr (EBITDA margin 19.9%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years.
The company had about 75 employees on its provident fund (EPFO) records before it was dissolved.
The last known website on record is asthasterlingcrane.com.
Company details
CIN history
Astha Corporation has one previous CIN (Corporate Identification Number): U45209AP2010PTC070847. The current CIN is U45209TG2010PTC070847, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45209TG2010PTC070847 | Current |
| U45209AP2010PTC070847 | Previous |
Contact details
Astha Corporation Private Limited's registered office is in Hyderabad, Telangana. Its website is asthasterlingcrane.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 1 Industrial Estate Sanathnagar, Hyderabad, Telangana, India – 500018
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Astha Corporation Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Astha Corporation is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Astha Corporation Private Limited, buy the company report.
Financials of Astha Corporation Private Limited
FY 2024 filings availableAstha Corporation Private Limited reported revenue of ₹5.55 Cr (down 43% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over three years, including a 43% fall in the latest year. EBITDA fell 79% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.1 Cr | ||||
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| Net Profit (PAT) | ₹82.55 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.9% | ||||
| Net Profit Margin | 14.9% | ||||
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To see the full financial statements and ratios of Astha Corporation Private Limited, buy the company report.
Board of directors of Astha Corporation Private Limited
Astha Corporation has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kundalia Also directs: Delta Cards Education LLP, Vaaradhi India Foundation, Radiant Composites Private Limited and 5 more | Managing Director | 14 Oct 2010 | 16 Years 1 Months | As last reported |
| Sambhav Kundalia | Director | 08 Jun 2020 | 6 Years 5 Months | As last reported |
Peer comparison
Astha Corporation Private Limited is compared with the 4 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vmidas Private Limited | ₹5.56 Cr (FY 2025) | 479.0% | Faridabad, Haryana, India | |||
| R.R.S. People Works Private Limited | ₹5.55 Cr (FY 2024) | 11.0% | Bangalore, Karnataka, India | |||
| Astha Corporation Private Limitedthis company | ₹5.55 Cr (FY 2024) | ₹82.55 Lakh | 14.9% | -43.0% | Hyderabad, Telangana, India | |
| Support HR Services Private Limited | ₹5.54 Cr (FY 2024) | 24.0% | Raigarh, Chhattisgarh, India | |||
| Skytouch Excellence International Private Limited | ₹5.53 Cr (FY 2025) | 27.0% | Parwanoo, Himachal Pradesh, India |
To see the full peer comparison of Astha Corporation Private Limited, buy the company report.
Auditor
Astha Corporation Private Limited is audited by M/s. Dagliya & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s. Dagliya & Co. | FY 2022 | 671S |
Shareholding
The shareholding of Astha Corporation Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Astha Corporation Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Astha Corporation Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Astha Corporation Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Astha Corporation Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Astha Corporation has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAICA8779K8ZP | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Astha Corporation Private Limited, buy the company report.
Recent activity
Astha Corporation Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Ravi Kundalia ceased to be Director on 16 Oct 2020.
Frequently asked questions
Astha Corporation has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Astha Corporation was a private limited company based in Hyderabad, Telangana, India. The company worked in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 14 October 2010 and is registered under CIN U45209TG2010PTC070847. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Astha Corporation was incorporated on 14 October 2010. It is registered with the Registrar of Companies, Hyderabad.
Astha Corporation had 2 directors:
- Ashok Kundalia - Managing Director
- Sambhav Kundalia - Director
The CIN (Corporate Identification Number) of Astha Corporation is U45209TG2010PTC070847. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Astha Corporation is at B – 1 Industrial Estate Sanathnagar, Hyderabad, Telangana, India – 500018.
Astha Corporation can be reached through the website asthasterlingcrane.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Astha Corporation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Astha Corporation is 36AAICA8779K8ZP, registered in Telangana. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
Astha Corporation operated in the business outsourcing industry, in the HR outsourcing and talent management segment.
The peers of Astha Corporation by revenue are Vmidas Private Limited, R.R.S. People Works Private Limited, Support HR Services Private Limited, Skytouch Excellence International Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Astha Corporation has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 May 2019.
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